In just a span of four years, the decentralized finance (DeFi) space has grown into one of the leading ecosystems in the digital currency space as millions of users engage in lending and borrowing without having to go through a centralized intermediary like […]
Last month, we wrote a piece about corporate greenwashing and how net-zero is next-level greenwashing without supply chain emissions. For many years, governments and organizations around the world promised to do their fair share to reduce Co2 emissions destroying our planet. […]
Venture capital funding in technology startups has grown in recent years. But investments in minority and female-led startups still are still lagging behind. The disparity in funding to minority startups is at an all-time high. In the last five years, […]
Unizen, a smart exchange aggregator, has today announced a $200M commitment funding from Global Emerging Markets Global (GEM) to boost innovation on its platform and expand its features. Additionally, the funding commitment enables new product development and global adoption of […]
Wise (formally TransferWise) is one of the UK’s largest fintech companies with a valuation of $4.8 billion. We covered the unicorn fintech startup back in September 2021 after its Billionaire co-founder and CEO Kristo Kaarmann was fined nearly $500,000 for deliberately not paying […]
BlockFi found itself in deep financial trouble following reports of multiple complaints that customers could not withdraw their funds due to the company’s exposure to Three Arrows Capital. Last week. the crypto lender received $250 million credit line from crypto exchange FTX as […]
Crypto tech startup Harmony announced Thursday that hackers have stolen $100 million worth of crypto from its Horizon blockchain bridge. The hack is the latest in a series of major heists in the world of decentralized finance (DeFI). The announcement comes just three […]
As well as accessing social media tools like Twitter and utilizing services such as Netflix, gaming is a favored entertainment option in the modern world. In fact, gaming has always been a go-to product for many of us, except the […]
Have you ever wondered what happens when you wring out a wet towel in a zero-gravity? Thanks to an experiment by high school students from Fall River, Nova Scotia, we now know. The experiment was designed by high school students from Nova […]
Google announced on Thursday that Apple and Android smartphones in Italy and Kazakhstan were hacked by an Italian company’s hacking tools. According to the report, the tech giant said that Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, […]
SumUp, a London-based fintech startup with over 4 million small businesses worldwide, has raised $620 million (€590 million) in funding. The financing, which is a combination of debt and equity, pushes the company’s valuation to $8.4 billion (€8 billion), a big drop […]
The U.S. construction sector was valued at around $1.36 trillion as of the end of 2020 and was expected to decline further in the next year, according to data from Statista. If you add the interior design industry, the combined […]
The ongoing turmoil in the crypto market has done little to stop the world’s fastest-growing cryptocurrency platform Crypto.com from making great strides. Today, Crypto.com announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution […]
Coal is back from the dead in Germany as the country grapples with the fallout of economic sanctions it imposed on Russia. According to reports from major media outlets, Germany is now “planning to fire up coal plants as Russia throttles […]
With fears of uncertainty sweeping across the crypto market, it’s becoming increasingly difficult for crypto startups to raise new funds. Struggling startups have turned to capital preservation measures including layoffs to keep their business afloat. However, the unfavorable market environment […]
Elon Musk is a step closer to becoming the new owner of Twitter after the company’s board of directors unanimously approved Elon Musk’s $44 billion Twitter takeover deal, an SEC filing document shows. According to a regulatory filing with the SEC […]
Early this month, we wrote about Tesla after CEO Elon Musk said the company planned to lay off 10% of Tesla’s total workforce due to a “super bad feeling” he has about the economy. Now Musk has clarified that layoffs will affect […]
We covered MonkeyLeague early this month after the Web3 gaming startup scored a coup in its quest to develop the world’s first esports-focused metaverse with the hiring of former first employee and CPO of NASDAQ-traded PlaytikaRaz Friedman as its Chief Product […]
WeChat, China’s most popular messaging app with over 1.1 billion daily users, announced on Monday that it will ban accounts that provide services or content related to bitcoin or cryptocurrency. The Chinese social network said it has changed its policy and will […]
Sustainability is at the center of public discussion. In 2022, world leaders gathered at COP26, deciding that greenhouse gas emissions need to see a reduction of 45% by 2030, and net zero will be achieved by 2050. To achieve these […]